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Investing
Blocking Kroger’s mega-merger with Albertsons won’t save your local grocery store
Citing higher prices and weaker competition, the US government sued to block Kroger and Albertsons’ $25 billion mega-merger Monday.…
Vizio’s earnings show Wall Street why Walmart wants to buy the smart-TV maker
Vizio Holding Corp., the TV maker being bought by Walmart Inc., reported fourth-quarter results Tuesday that beat expectations, helped by a jump in…
Warner Bros. Discovery plans to close New Zealand TV news channel
Wellington — One of New Zealand’s two free-to-air television networks said on Wednesday it was proposing to close its newsroom operations,…
Lemonade warns that increased spending will hurt its near-term profit
Lemonade Inc., a tech-powered insurance provider, said Tuesday it would spend more on growth this year, a move it said would hurt profits in the months ahead…
Caitlin Clark is breaking more records
It wouldn’t be a Caitlin Clark game without a record being broken. The Iowa guard, who has seen her popularity explode since becoming…
Virgin Galactic narrows losses, but the space-tourism stock drops
Virgin Galactic Holdings Inc. lost less money than expected in the latest quarter, but its stock declined in Tuesday’s extended session. The aerospace and…
Troubled Chinese property developer Country Garden faces liquidation petition
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world.…
MicroStrategy’s stock deemed a ‘buy,’ with bitcoin’s halving a budding catalyst
MicroStrategy Inc.’s stock could prove a “timely play” on the bitcoin-halving event that’s expected in April, a new bull says. On paper, MicroStrategy…
How America’s once great department stores became a dying breed
Macy’s announcement Tuesday that it will close 150 stores, or nearly a third of its total, is the result of a once-great department…
Apple reportedly ends its longtime plans to build a self-driving EV
Apple Inc. is scrapping an ambitious, decade-long effort to develop an electric car with self-driving capabilities, according to reports Tuesday. Bloomberg…